Businesses Offering ‘Cash For Bullets’ Amid Gun Craze

(Andrew Knittle) Ammunition is so hard to get these days that an Oklahoma City coin shop is now in the ‘Cash for Bullets’ business.

In a backroom of a coin and gold shop in Oklahoma City, thousands of bullets, in various sizes, containers and boxes, cover a table.

Chelsey Davis said he’s buying most kinds of ammunition, so long as it’s been stored properly and is still usable. He’s been doing it for about a week.

“The first three days we purchased 10,000 rounds, which was a couple thousand dollars spent,” Davis said. “These are people that had them in the garage, in the closet … they either no longer had the guns or no longer had use for them.”

Ammunition is becoming so hard to get in the Oklahoma City area — and elsewhere across the nation — that Davis’ coin and gold shop is now in the “Cash for Bullets” business.

It’s the latest twist on a nationwide gun craze, fueled by a presidential election, a mass shooting on the East Coast and — depending on who’s asked — a variety of other factors.

Tactical weapons, guns like the AR-15 rifle, are nearly impossible to buy from a retail store. Accessories, such as high-capacity magazines, can be difficult to find, too.

Now the very bullets needed to load and fire all these guns are becoming scarce.